About Associate Decor Limited
Data last updated:
Associate Decor Limited is a public limited company based in Malur, Karnataka, India, a subsidiary of Associate Holdings Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 17 January 2007.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20213KA2007PLC041502. Its GSTIN is 29AAKCS5136Q1ZI (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹52 Cr and a paid-up capital of ₹51.51 Cr. It was formerly known as Star Panel Boards Limited. It is led by directors including Yahya Mohamed Farouk Darvesh and Mohamed Farouk Suleman Darvesh.
Its last annual general meeting (AGM) was held on 18 June 2016, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Plot No. 1 Phase IV KIADB Industrial Area Huralagera, Malur, Karnataka, India – 563160.
As per the financials filed for FY 2015, the company reported a revenue of ₹392.44 Cr, a growth of 30% compared to the previous year.
The company has about 294 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Associate Decor. As per MCA filings, the company has open charges of ₹739.22 Cr and satisfied charges of ₹96 Cr on record.
The last known website on record is associatedecor.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 1 Phase IV KIADB Industrial Area Huralagera, Malur, Karnataka, India – 563160
- IndustryManufacturing, Wood Products & MDF
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Associate Decor
Associate Decor operates one associated brand: Associate Decor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Associate Decor manufactures particle boards, laminates, and melamine faced chipboards for home decor. | associatedecor.com |
Competitors & Alternatives of Associate Decor
Brands and companies operating in the same space as Associate Decor Limited include Rushil Decor, Stylam, Greenlam Industries and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Rushil Decor | Laminated sheets and wood-engineered products are manufactured and sold. | Ahmedabad, India, India | 1993 |
 Stylam | Manufacturer of laminates for residential, commercial, and industrial purposes | Chandigarh, India, India | 1991 |
 Greenlam Industries | Diversified interior building products including laminates and plywood are manufactured. | Delhi, India, India | 2013 |
 Action TESA | Manufactures high-quality laminates for interior design applications. | New Delhi, India, India | 2009 |
 Formica | Home improvement products including laminates and fittings are manufactured. | Cincinnati, United States, United States | 1913 |
 Atmosphere | Multi-category furniture is retailed via an online platform. | Mumbai, India, India | 2019 |
 Portobello | Porcelain tiles and home decor coatings are manufactured in Brazil. | Tijucas, Brazil, Brazil | 1979 |
 SpaceMax | Furniture manufacturing company carving a niche in the furniture industry | Pune, India, India | 2014 |
 Lamtuf | Manufacturer of phenolic, epoxy, and densified wood laminates | Hyderabad, India, India | 1976 |
Business Activity of Associate Decor
The main business activities of Associate Decor are manufacturing and trade. In detail, this covers wood and wood products, furniture, paper and paper products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Associate Decor Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Associate Decor
Associate Decor Limited is audited by M A PARIKH & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M A PARIKH & CO | Locked | Locked | Locked |
Complete auditor history for Associate Decor Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Associate Decor Limited
Associate Decor has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yahya Mohamed Farouk Darvesh | Director | 04 Jul 2008 | 18 Years 3 Months | As last reported |
| Mohamed Farouk Suleman Darvesh | Director | 17 Jan 2007 | 19 Years 8 Months | As last reported |
| Srichand Satramdas Agicha Also directs: Associate Plantations Private Limited, Associate Plywood Industries Private Limited, Associate Lumbers Pvt Ltd and 5 more | Director | 19 Feb 2007 | 19 Years 7 Months | As last reported |
| Nooruddin Khan | Director | 17 Jan 2007 | 19 Years 8 Months | As last reported |
| Himayath Ali Khan | Director | 17 Jan 2007 | 19 Years 8 Months | As last reported |
| Ebrahim Suleman Darvesh | Director | 17 Jan 2007 | 19 Years 8 Months | As last reported |
Financials of Associate Decor Limited FY 2015 filings available
Associate Decor Limited reported revenue of ₹392.44 Cr (up 30.00% YoY) for FY 2015.
Ten-year financial statements for Associate Decor Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Associate Decor
Shareholding and ownership data for Associate Decor Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Associate Decor
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2017 | Others | ₹27 Cr | Open |
| 30 Jun 2016 | Others | ₹5 Cr | Open |
| 31 Mar 2016 | Others | ₹20 Cr | Open |
| 26 Jun 2015 | Bank of Baroda | ₹11.4 Cr | Open |
| 01 Aug 2013 | Corproation Bank | ₹32.78 Lakh | Open |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Associate Decor
Associate Decor Limited has a workforce of 294 employees as of Apr 06, 2024.
Employee and EPFO history for Associate Decor Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Associate Decor
Associate Decor has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS5136Q1ZI | Karnataka | Active | 01 Jul 2017 |
| 27AAKCS5136Q1ZM | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance for Associate Decor Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Associate Decor
Credit ratings, litigation, and regulatory alerts for Associate Decor Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Associate Decor
MSME payment history for Associate Decor Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Associate Decor
Corporate group structure for Associate Decor Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Associate Decor
MCA filings and documents for Associate Decor Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Associate Decor
Frequently Asked Questions about Associate Decor Limited
Associate Decor is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Associate Decor is a company under insolvency, formerly operating as a public limited company based in Malur, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 17 January 2007 and is registered under CIN U20213KA2007PLC041502. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Associate Decor reported revenue of ₹392.44 Cr for FY 2015 (up 30.00% YoY).
Associate Decor has 9 current directors:
- Yahya Mohamed Farouk Darvesh - Director
- Mohamed Farouk Suleman Darvesh - Director
- Srichand Satramdas Agicha - Director
- Nooruddin Khan - Director
- Himayath Ali Khan - Director
- Ebrahim Suleman Darvesh - Director
- Farooq Ali Khan - Director
- Sidarrtha Agicha - Director
- Manoharlal Satramdas Agicha - Director
The CIN (Corporate Identification Number) of Associate Decor is U20213KA2007PLC041502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associate Decor has open charges of ₹739.22 Cr and satisfied charges of ₹96 Cr as per latest MCA filings.
Associate Decor was incorporated on 17 January 2007. It is registered with the Registrar of Companies, Bangalore.
Associate Decor can be reached through the website associatedecor.in. Its registered office is in Malur, Karnataka, India.
The registered office of Associate Decor is at Plot No. 1 Phase IV KIADB Industrial Area Huralagera, Malur, Karnataka, India – 563160.